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RIB Software SE (RIB) signs a Phase-II-contract (No. 34 / 2020) with SWIETELSKY

·4-min read

DGAP-News: RIB Software SE / Key word(s): Contract/Agreement
27.11.2020 / 08:31
The issuer is solely responsible for the content of this announcement.


RIB Software SE (RIB) signs a Phase-II-contract (No. 34 / 2020) with SWIETELSKY

Stuttgart, Germany, 27 November 2020. RIB Software SE, the world's leading provider of iTWO 5D BIM Big Data technology for the construction industry, today announced the conclusion of a Phase-II-contract with SWIETELSKY.

SWIETELSKY is an internationally active construction company based in Linz, Austria. The group of companies employs around 11,000 staff and generates an annual construction output of more than 3 billion euros. After 84 years of company history, the group offers the entire range of construction services with the highest quality, flexibility and adherence to schedules. Its activities extend to all branches of the construction industry, especially in engineering and civil engineering. Today SWIETELSKY is the third largest Austrian construction industry group, has branches and subsidiaries in 19 different countries and is a leader in Central and Eastern Europe.

Peter Gal, board member and CDO of SWIETELSKY AG: "It is our constant effort to reduce negative environmental impacts through the best technologies and equipment and at the same time invest in the positive effects. Only in this way we can fulfil our responsibility as a major international construction group. Sustainability is a top priority not only in the implementation of our buildings, but also in the selection of our partners and technical aids. For several years we have been successfully calculating our projects with iTWO of the RIB. For us it was a logical step to expand the existing solution. With the iTWO platform, we have opted for a modern and sustainable solution that will make further processes more effective from now on - for example, during the execution of our projects and the evaluation of our construction sites. The aim is to digitalise all relevant work processes in a future-proof manner and to introduce a comprehensive iTWO solution in all areas of SWIETELSKY's business".

Michael Woitag, COO of the RIB Group: "We have a very intensive cooperation with our colleagues from Austria, which has always taken place at the same level. I am very pleased that a web-based business solution has developed from an original sub-project. The common success story began with the use of the iTWO calculation software - the solution has now been extended with a continuous document management system. In addition, iTWO BI+ links the systems with each other and enables a quick analysis of the data as well as a detailed evaluation of current construction site events. With iTWO site - our app for mobile construction site management - all information is also

brought to the outside, so that SWIETELSKY can also work on the construction site in a mobile and efficient manner. With this contract conclusion, the RIB once again demonstrates that we are not only a provider of tendering and calculation software. With the iTWO platform, we are able to provide our customers an integrated and future-proof overall solution".

About RIB Group

RIB Software SE is an innovator in the building and construction industry. The company develops and offers cutting-edge digital technologies for construction enterprises and projects across various industries worldwide. iTWO 4.0, RIB's flagship cloud-based platform, provides the world's first enterprise cloud technology based on 5D BIM with AI integration for construction companies, industrial companies, developers and project owners, etc. With over 50 years of experiences in the construction industry, RIB Software SE focuses on IT and engineering and becomes the pioneer in construction innovation, exploring and bringing in new thinking, new working methods and new technologies to enhance construction productivity. RIB is headquartered in Stuttgart, Germany and Hong Kong, China, and listed on the prime standard Frankfurt Stock Exchange since 2011. With over 2,700 talents in more than 25 countries worldwide, RIB is targeting to transform the construction industry into the most advanced and digitalized industry in the 21st century.

27.11.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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RIB Software SE

Vaihinger Str. 151

70567 Stuttgart



+49 (0)711-7873-0


+49 (0)711-7873-311








Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

EQS News ID:



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